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July 11, 2019

GDPR superpowers lead to whopper ICO fines for BA, Marriott – Naked Security

Initial Coin Offerings (ICOs) were a relatively new phenomenon, but have quickly become a dominant topic of discussion among the blockchain community and accountants.

Brace yourself, o ye spillers of data: the fury and the might of the GDPR has been unleashed this week, and lo, it is mighty, scary, and really, really expensive.

The UK’s Information Commissioner’s Office (ICO), pumped up with its newfound General Data Protection Regulation (GDPR) legal testosterone, has plans to uber-fine both Marriott and British Airways (BA) for data breaches.

On Monday, the ICO said that it’s looking to fine BA a record £183.39 million (US $229.34 million) [...]

 
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February 5, 2019

TRON’s BitTorrent Investment Pays Off as BTT Pumps 870% Since ICO

And they say cryptocurrency is in a bear market. Not for investors in the BitTorrent (BTT) ICO that occurred on Jan 28. The company that led the charge in peer-to-peer file sharing on the web just made history with a sell-out ICO–and gains of 870% in just one week.

TRON’S JUSTIN SUN BOUGHT BITTORRENT LAST YEAR

Most people have heard of BitTorrent, one of the most effective ways of transferring files around the internet. Functioning since the early 2000s, BitTorrent allows users to download heavy files faster by splitting the work.

So, instead of taking forever to download a 900MB file from a single source, BitTorrent uses multiple people who have the [...]

 
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April 9, 2018

Facebook data scandal a game changer, says ICO

The response to Facebook’s data exploitation scandal, which involves the data of nearly 1.1 million Britons out of a total of 87 million users affected, has demonstrated that data protection and privacy are now more important to the UK public than ever before, according to information commissioner Elizabeth Denham.

She was speaking ahead of the announcement of a major public awareness campaign which will seek to improve people’s trust and confidence in how organisations handle their personal information.

The Information Commissioner’s Office (ICO) recently revealed that Facebook is among 30 organisations under investigation as part of a probe into the use of personal [...]

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